Informed Insurance

The home of thought leadership by

Informed Insurance

Predictions
Or
Or
Geopolitics, Environment

Prediction: Towards a sustainable use of (outer) space

Geopolitics, Environment
Aviation
LinkedIn Email Share this prediction
Prediction

The Zero Debris Charter will set bold standards in the management of space debris and the support of long-term space sustainability.  Six decades of space exploration has given rise to an "exponential growth" of debris population that, according to the European Space Agency (ESA), "will pose an ever-increasing hazard to satellites and astronauts and could render some orbits entirely unusable".  The Charter is a global initiative, facilitated by ESA, to drive forward ground-breaking technologies for satellite end-of-life disposal, in-orbit servicing, and active debris removal.  While it is not legally binding, those signing up to the Charter agree to adhere to its guiding principles towards space safety and sustainability, with the Charter setting out jointly defined targets for 2030.  On 22 May 2024, 12 nations (including the UK and 11 European states) pledged, together with ESA, to adhere to the Charter.  More than 40 key space industry players have also signed up.  A further 100 organisations have advised of their intention to sign.

Back to Geopolitics